1955 Proof Set Melbourne Mint

1955 Proof Set Melbourne Mint

COIN

1955 Proof Set Melbourne Mint

QUALITY

FDC

PROVENANCE

Private Collector Sydney

PRICE

$ 4750

COMMENTS

It is a fact that the series of proofs struck between 1955 and 1963 is one of Australia’s most popular pre-decimal coin series. The coins have an excellent track record for appreciation and the price at which they are sold attracts maximum buyer interest.

In 1955 Treasury gave approval to the Melbourne and Perth Mint to implement, for the first time ever, a commercially based proof coining program.

Proof coin sets were released annually: the program ceasing in 1963 ahead of decimal currency changeover.

It is a fact that the series of proofs struck between 1955 and 1963 is one of Australia’s most popular pre-decimal coin series. The coins have an excellent track record for appreciation and the price at which they are sold attracts maximum buyer interest.

They are a perfect entry point into the Australian rare coin market, taken up by many of our clients for children and grandchildren.

Of the nine years that make up the series, the year 1955 is particularly defining.

It is the very first year of the series. The very first year AND the rarest, for 1955 boasts the smallest mintage of any year out of the series.

The 1955 Proof Set struck at the Melbourne Mint is comprised of four proof coins; the penny, shilling, sixpence and threepence. Each piece has been minted to exacting standards – from the selection and polishing of blanks, the preparation of dies and ultimately the actual striking.

The result is a set that is pleasing to the eye, each coin struck with strong designs and superb smooth background fields.